In a simple frugal economy, if there are unplanned depletions of inventory, then the economy's actual amount of aggregate output/income is greater than its equilibrium amount, and the economy will contract. True or Fales
In a simple frugal economy, if there are unplanned depletions of inventory, then the economy's actual amount of aggregate output/income is greater than its equilibrium amount, and the economy will contract. True or Fales
Chapter9: Aggregate Expenditures
Section: Chapter Questions
Problem 12E
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In a simple frugal economy, if there are unplanned depletions of inventory, then the economy's actual amount of aggregate output /income is greater than its equilibrium amount, and the economy will contract.
True or Fales
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